SPDR Bloomberg Investment Grade Floating Rate ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
SPDR Barclays Investment Grade Floating Rate ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the Barclays U.S. Dollar Floating Rate Note < 5 Years Index. |
Category | Corporate |
Fund Sponsor | SSgA Funds Management Inc |
Website | www.spdrs.com |
Inception date | Nov 30, 2011 |
Assets (mns) | $2,778 |
Currency | USD |
Expense ratio | 15 bp |
Distributions | Monthly |
Regulation | Open-End Investment Company |
Custodian | State Street Bank & Trust Co |
Weighting | Market Cap |
Index replication | Optimized |
No. of constituents | 293 |
No of distinct issuers | 152 |
Inflation protected | 0% |
Variable/Fixed coupon | 100% /0% |
Non-standard maturity (callable, etc.) | 34% |
0.0% // | 1.2 % |
0.0% // | 1.2 % |
0.0% // | 1.1 % |
0.0% // | 1.1 % |
0.0% // | 1.0 % |
0.0% // | 0.9 % |
0.0% // | 0.9 % |
0.0% // | 0.9 % |
0.0% // | 0.8 % |
0.0% // | 0.8 % |
TOTAL | 9.8 % |
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GOLDMAN SACHS GROUP, INC. | 3.3% |
JPMORGAN CHASE & CO. | 2.6% |
BANK OF NOVA SCOTIA | 2.5% |
ROYAL BANK OF CANADA | 2.4% |
BANK OF AMERICA CORPORATION | 2.0% |
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UNITED STATES | 41.1 % |
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CANADA | 10.2 % |
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UNITED KINGDOM | 4.9 % |
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AUSTRALIA | 3.7 % |
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JAPAN | 2.7 % |
HISTORICAL RETURNS 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.7% | 2.8% | 3.0% | 2.4% | 2.1% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 0.01 | 0% |
S&P500 | 0.02 | 4% |
MSCI EAFE | 0.02 | 6% |
MSCI Emg. Mkts. | 0.01 | 2% |
Recent close | $30.77 |
30d moving avg. | $30.61 |
Annualized volatility | 1.2% |
Short interest (ETF) | 1.9% |
Relative strength (RSI) | 67 |
Avg. volume (thou.) | 808 |
Avg. daily value traded (mns) | $25 |
Turnover | 0.9% |
Bid/Ask (% of price) | 0.03 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
FLRN | 2.5 yrs | Category Avg.* |
4.7 yrs |
FLRN | 2.5% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 4.51% | -7.5% | $28.46 |
+200 bp | 3.51% | -5.0% | $29.24 |
+150 bp | 3.01% | -3.7% | $29.63 |
+100 bp | 2.51% | -2.5% | $30.01 |
+75 bp | 2.26% | -1.9% | $30.20 |
+50 bp | 2.01% | -1.2% | $30.39 |
+25 bp | 1.76% | -0.6% | $30.58 |
0 bp | 1.51% | 0% | $30.77 |
-25 bp | 1.26% | 0.6% | $30.96 |
-50 bp | 1.01% | 1.2% | $31.15 |
-75 bp | 0.76% | 1.8% | $31.34 |
-100 bp | 0.51% | 2.4% | $31.52 |
-150 bp | 0.01% | 3.7% | $31.90 |
-200 bp | -0.49% | 4.9% | $32.27 |
-300 bp | -1.49% | 7.3% | $33.01 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity ![]() |
151 | bp |
Less: Annual "default factor" ![]() |
3 | bp |
Less: Expense ratio | 15 | bp |
Equals: ALTAR Score | 1.33 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.2% |
Corporate | 4.0% |
Emerging Market | 5.7% |
Government | 7.2% |
Inflation Protected | 2.4% |
Mortgage | 5.0% |
Municipals | 3.5% |
*Note: The SPDR Bloomberg Investment Grade Floating Rate ETF is classified as a Corporate fund. |